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Pan American Silver (PAAS) CEO Steinmann Tells CNBC Why Silver Is Crushing Gold

NEW YORK (TheStreet) -- Pan American Silver (PAAS) CEO Michael Steinmann appeared on CNBC's "Squawk Box" Wednesday, to talk about why silver is up by 44% this year, while gold is only up by 28%, despite both being safe havens for investors.

Pan American Silver, the second largest silver producer in the world, is up over 220% since the beginning of the year, Steinmann said.

"Silver is a bit different metal than gold. Both have the safe haven aspect, but we use a lot...